“Apple remains the most important stock to the entire market. The brutal 30% dro

—“Apple remains the most important stock to the entire market. The brutal 30% drop in the stock from its high has erased $224 billion in investors wealth – which exceeds the market value of all but a handful of the stocks in the Standard & Poor’s 500. Apple’s profits are so large and important, they are expected to account for 7.2% of the operating earnings reported by all the companies in the Standard & Poor’s 500”—

Like I said

(a) Apple will have to go for the business market once the consumer market peaks

(b) Enterprise software will have to catch up on its underinvestment in order to sell hardware.

I was kind of hoping we had two more years before it happened so that we could get oversing up there.